"We recommend that TBTF financial institutions be restructured into multiple business entities," Richard Fisher, president of the Dallas Federal Reserve Bank, told an audience at the National Press Club in Washington.
"We recommend that TBTF financial institutions be restructured into multiple business entities," Richard Fisher, president of the Dallas Federal Reserve Bank, said in remarks prepared for delivery at the National Press Club in Washington.
LONDON/ WASHINGTON, Jan 7- Banks have won a victory in their battle to dilute tough rules on liquidity, but they will still have to find trillions of dollars to ensure their funds do not run out in a crisis. Representative Barney Frank, who co-authored the 2010 Dodd-Frank legislation of financial reforms.